36,950 Shares in Southern California Bancorp (NASDAQ:BCAL) Acquired by Cerity Partners LLC

Cerity Partners LLC purchased a new position in Southern California Bancorp (NASDAQ:BCAL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 36,950 shares of the company’s stock, valued at approximately $546,000. Cerity Partners LLC owned 0.20% of Southern California Bancorp at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BCAL. ELCO Management Co. LLC grew its holdings in Southern California Bancorp by 25.2% during the 2nd quarter. ELCO Management Co. LLC now owns 26,748 shares of the company’s stock valued at $360,000 after buying an additional 5,380 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Southern California Bancorp by 2.4% in the second quarter. The Manufacturers Life Insurance Company now owns 267,898 shares of the company’s stock worth $3,609,000 after purchasing an additional 6,266 shares during the last quarter. SG Americas Securities LLC bought a new stake in Southern California Bancorp in the third quarter worth $123,000. Endeavour Capital Advisors Inc. raised its stake in Southern California Bancorp by 0.8% during the second quarter. Endeavour Capital Advisors Inc. now owns 1,131,513 shares of the company’s stock valued at $15,241,000 after purchasing an additional 8,521 shares in the last quarter. Finally, Hennessy Advisors Inc. lifted its position in Southern California Bancorp by 8.8% during the second quarter. Hennessy Advisors Inc. now owns 124,000 shares of the company’s stock valued at $1,670,000 after purchasing an additional 10,000 shares during the last quarter. 55.40% of the stock is owned by hedge funds and other institutional investors.

Southern California Bancorp Price Performance

Shares of NASDAQ BCAL opened at $17.64 on Friday. Southern California Bancorp has a 1-year low of $12.30 and a 1-year high of $18.49. The business’s 50 day moving average is $15.76 and its two-hundred day moving average is $14.76. The stock has a market capitalization of $567.48 million, a P/E ratio of -220.50 and a beta of 1.04.

Southern California Bancorp Company Profile

Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.